https://techcrunch.com/2022/01/18/animoca-brands-has-raised-funding-at-a-more-than-5b-valuation-triple-where-it-was-in-november/

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Animoca Brands , an eight-year-old, 600-person Hong Kong-based outfit that has managed to put its stamp on many of the world’s most popular NFT and metaverse brands, has raised roughly $360 million in fresh funding at a valuation of more than $5 billion, the company announced today. It’s a big leap from the $2.2 billion valuation the company was assigned in October when it raised a $65 million round. The number is even more notable considering that Animoca was valued at $1 billion in an $138 million round that closed as recently as July. According to a spokesperson for the firm, the capital raise involved the issue of 111,173,515 new shares of Animoca Brands, which investors bought from A... Full story

18 January

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